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I'm a first time investor running the numbers on a triplex in central MA. 200k purchase price, 20% down payment and 5% mortgage. 3 units all rented at 1000 per month with assumed vacancy rate of 25%. Turnkey propert...
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Hi Bp I have been an independent contractor for most of my life. I am trying to understand exactly what a typical bank looks for when I apply for a residential mortgage. What number on my tax return will they use to ...
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Hello, I have asked this question before, but after doing research I must disagree with the original poster. I spent almost $5K to have a plumbing company dig a hole in my yard and put a $6 boot on a cracked sewer li...
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I'm in the process of renovating my latest rental house. I've been thinking about Smart-Home features which would be beneficial to a landlord as opposed to wiz-bang cool features to attract tenants. Specifically, I'm...
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Hi guys, I need some advice and I'm a little shaken up. Today I received a notice from my HOA that my assessments are past due with a balance of over $3K. The thing is, I've never received any kind of a bill from them...
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With Black Friday around the corner I thought it might be a good idea to grab some items for future staging. We are currently working on a "flip" that will be done in the late winter/early spring. I've heard before th...
I evicted a tenant last week and he left behind essentially an entire house of furniture and other stuff including two refrigerators full of food that I'm now paying to keep cold since I have taken over electricity. I...
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Morning all, happy Friday!We are getting ready to list a home and have been reading a few RE blogs and thought I would ask those that have been there, done that. What is your experience/opinion on staging a home befor...
Question: I am sure many of you have run into this in the past, where a credit check will show nothing regarding public records (judgements, evictions) but I find them on the public record. Sometimes it is that the a...
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Hey guys,Looking to get into MTRs in my backyard and I was wondering if you guys usually do it yourself or get a property manager. It seems like groups with good corporate contracts that may be able to get better retu...